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nagoya1

05/29/13 1:51 PM

#6821 RE: Coho20 #6819

Coho, interesting article. I highlighted a particular section that seems to apply to the Burnstone bid.

http://www.miningmx.com/page/news/gold_and_silver/1627959-Wits-Gold-bullish-on-rights-offer-success#.UaY9XtKceSp
Miningmx » News» Gold & SilverWed, 29 May 2013

Wits Gold CEO Philip Kotze

Commenting in the annual report, Kotze said: "We are actively involved in pursuing these acquisition opportunities [recently discounted assets, not necessarily Navachab or Burnstone], and the fact that we have not made an acquisition yet is not a reflection of our lack of effort, but rather that we have not been successful with the right asset yet".

Wits seems interested but they sound like they have no money, their stock has tanked for now.

BTW, last night's LA-Sharks game was really good, looking forward to game 7 Wings Hawks, no matter what team wins, the next round will be very entertaining to watch. Go GBG